Russian promotion M-1 Global made headlines today as a partnership with a conglomerate of investors was announced, one being the UFC. Other investors in the international venture include the Russian-China Investment Fund (RCIF) and the Mubadala Investment Company. Both non-sports organizations (RCIF and Mubadala Investment Company) are investment initiatives. They have the goal of stimulating economic growth within their respective countries. Announcements were made by M-1 Global and the Russian Direct Investment Fund.
Kirill Dmitriev, CEO of the RDIC and co-CEO of RCIF, was quoted in the release by the RDIC.